Investing.com UK - Financial Markets Worldwide
Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

Booz Allen Hamilton Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Published 24/05/2024, 07:15
© Reuters. Booz Allen Hamilton Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street\'s Most Accurate Analysts
BAH
-

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

Booz Allen Hamilton Holding Corporation (NYSE:BAH) is set to release earnings results for its fourth quarter, before the opening bell on May 24.

Analysts expect the McLean, Virginia-based company to report quarterly earnings at $1.23 per share, up from $1.01 per share in the year-ago period. Booz Allen Hamilton is projected to report quarterly revenue of $2.72 billion, compared to $2.43 billion a year earlier, according to data from Benzinga Pro.

On Jan. 26, Booz Allen Hamilton reported better-than-expected third-quarter financial results, increased its quarterly dividend and raised its FY24 guidance.

Booz Allen Hamilton shares fell 0.7% to close at $152.36 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Stifel analyst Bert Subin maintained a Buy rating and raised the price target from $155 to $170 on May 21. This analyst has an accuracy rate of 66%.
  • Jefferies analyst Howard Rubel maintained a Buy rating and boosted the price target from $150 to $170 on April 10. This analyst has an accuracy rate of 85%.
  • JP Morgan analyst Seth Seifman maintained a Neutral rating and increased the price target from $120 to $136 on Feb. 6. This analyst has an accuracy rate of 84%.
  • Wells Fargo analyst Matthew Akers maintained an Equal-Weight rating and boosted the price target from $138 to $158 on Jan. 30. This analyst has an accuracy rate of 74%.
  • Truist Securities analyst Tobey Sommer maintained a Hold rating and raised the price target from $120 to $145 on Jan. 29. This analyst has an accuracy rate of 77%.
Read This Next: $1.5M Bet On This Healthcare Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying

Latest Ratings for BAH

DateFirmActionFromTo
Mar 2022B of A SecuritiesUpgradesUnderperformNeutral
Feb 2022Morgan StanleyMaintainsOverweight
Jan 2022B of A SecuritiesDowngradesBuyUnderperform
View More Analyst Ratings for BAH

View the Latest Analyst Ratings

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.